Cement News tagged under: petcoke

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Indian petcoke imports rise in October

23 December 2019, Published under Cement News

India imported 809,000t of petcoke in October 2019, up more than 364 per cent from the year-ago period, according to Iman Resources. The imports were primarily sent from the US and Saudi Arabia, at 372,000t and 295,000t, respectively. Oman sent 38,000t, while 32,000t came from China. The origin of the remaining 72,000t was not clarified. The spike has been related to the lifting of the petcoke consumption order in October 2018, which saw cement producers increase their fuel-grade petcoke i...

Indian delivered petcoke prices under pressure due to low demand

05 December 2019, Published under Cement News

Prices of delivered petcoke to India fell again as seaborne demand after the Diwali break remained subdued and cheaper alternatives could be found. Reliance Industries Ltd reduced its November domestic petcoke price to INR6172/t, down INR728/t MoM and representing a fall of over 10 per cent, according to sources quoted by Platts Coal Trader. In terms of demand, bids for imported coal have been reportedly sparse as most cement plants have already covered their inventory needs. Moreover,...

Are lower coal prices what the cement industry needs?

29 April 2019, Published under Cement News

This week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end...

Are lower coal prices what the cement industry needs?

26 April 2019, Published under Cement News

This week ICR takes a look at the downward trend in coal prices and discusses whether cement producers will benefit from the drop in prices or whether the cement sector should be looking more at sustainable long-term fuel options. Coal prices cool Morgan Stanley reports that April's data of Newcastle and Atlantic Basin prices has seen thermal coal retreat by 23-30 per cent YoY, as evidenced by the key contract between global mining company Glencore and Japan's Tohoku Electric Power, end...

The ‘magic’ of magnesium

17 January 2019, Published under Cement News

While petcoke is a less expensive fuel option, its use can lead to operational challenges for the cement plant, such as the formation of kiln rings and build-ups in the lower cyclones of the preheater. To optimise combustion and avoid these issues, Nuh Çimento has trialled a magnesium-based chemical additive that helps control the impact of high-sulphur fuels. By Seyda Arikan, Nuh Çimento, Turkey, and Jose Hernandez, EES Services, Mexico. Figure 1: vanadium oxide complexes and their ...

INC awards US$7m petcoke contract

09 January 2019, Published under Cement News

Paraguay's Industria Nacional de Cemento (INC) has awarded the Sanfil GT consortium, represented by Christian Harrison Paleari, the contract for the supply of 24,000t of petcoke at a price of US$299/t. Delivery of the US$7m contract will be in two shipments of 12,000t each with the first shipment due for delivery by 5 February and the second by 15 March. The contract covers four months of petcoke supply for the cement plant, which uses around 6000tpm. The contract was negotiated and agre...

Increase in seaborne coal and petcoke prices impact producers

28 September 2018, Published under Cement News

Seaborne thermal coal and petcoke prices rose by 16-24 per cent YoY during the 1H18 period, eroding almost four per cent of the aggregate EBITDA of LafargeHolcim and HeidelbergCement, according to a Morgan Stanley report. However, this is expected to slow or reverse into next year. Prices of seaborne thermal coal are anticipated to fall 15 per cent in 2019 compared to 1H18, with petcoke following a similar trend. This is due to lower seaborne demand from China and Japan alongside capacity ...

Supreme Court exempts cement industry from petcoke import ban

01 August 2018, Published under Cement News

India’s Supreme Court has finalised a ban on petcoke imports with exemptions for some key industrial users, including the cement sector. In a ruling released this weekend, the court agreed to put into place recommendations from the court-appointed Environment Pollution Prevention & Control Authority (EPCA) to limit imports only to those industries using coke as a feedstock or in the manufacturing process, not as a fuel. The EPCA had listed those industries as cement, lime kilns, calcium c...

Landed petcoke prices could increase by 6% in India

11 April 2018, Published under Cement News

In India the landed cost of petcoke could increase by 5.6 per cent as a result of the import duty hike, reports Nirmal Bang Institutional Equities. The import duty on the fuel was raised in December 2017, increasing from 2.5 to 10 per cent. The price of petcoke imported from the US reached a multi-year high of US$117/t in March 2018 and is expected to rise further. The increased prices may not significantly change the demand for petcoke, since alternatives are equally expensive. Howeve...

Imported petcoke prices rise to a multi-year high in March

19 March 2018, Published under Cement News

The price of petcoke imported to India has risen to a multi-year high in March. This has been attributed to both increased demand and a supply shortage because of maintenance work undertaken by refiners, reports Mint. "Indian demand for petcoke is around 23-24Mta, while domestic supplies total up to around 14Mta. Suppliers are not in a rush to sell into the Indian market for there is some healthy demand from other regions like Latin America," said Deepak Kannan, managing editor of Asia The...